KL i think it will be ok for a while. GIR is not a daytraders stock. have to wait for fundamentals.
for mulga bill, i am not sure of the resource size yet. these are just some excellent drill results in some really good ground. read todays announcement and look at the nearology.
secondly GIR spun out RHI which is worth $80 mill MC. they still own 6.5 mill shares in them valued at about $20 mill today. GIR know what they are doing.
They also have the Carpenteria IPO coming up and an inspeccie distribution of ZNC shares. you also get free attaching otpions i think??
its all good.
cheeers
GIR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held